Homework Clinic

Social Science Clinic => Economics => Topic started by: tatyanajohnson on Jun 29, 2018

Title: Recall the Application. The loans made to borrowers who have a limited ability to actually repay ...
Post by: tatyanajohnson on Jun 29, 2018

Recall the Application. The loans made to borrowers who have a limited ability to actually repay their mortgages are known as
 
  A) no-fault loans. B) stimulus loans. C) bankruptcy loans. D) subprime loans.

Question 2

Suppose that the U.S. government acquires more foreign currency. This change is entered into which of the balance of payments accounts?
 
  A) current account
  B) capital and financial account
  C) official settlements account
  D) reserves account
  E) trade account

Title: Recall the Application. The loans made to borrowers who have a limited ability to actually repay ...
Post by: Jane on Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

C